TGI Fridays files for bankruptcy, as sit-down chain restaurants face challenges
TGI Fridays Executive Chairman Rohit Manocha said "COVID-19 and capital structure" were the primary drivers of the chain's financial challenges.
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TGI Fridays Executive Chairman Rohit Manocha said "COVID-19 and capital structure" were the primary drivers of the chain's financial challenges.
Red Lobster's owner has said the pandemic and rising costs hurt the seafood chain's financial performance.
The retailer that caters to quilters and crafters also said it has been weighed down by higher tariffs from China.
Mired in a prolonged sales slump, the retail chain has struggled to attract customers both in stores and online.
Wedding dress retailer cites "post-COVID environment and uncertain economic conditions," saying it's looking for a buyer.
Dallas-based Corner Bakery has filed for bankruptcy, according to court records.
It is the largest and oldest power cooperative in Texas and now, after the devastating February winter storms, is filing Chapter 11 bankruptcy. Officials with Brazos Electric say it was a "financially robust, stable company" before the winter blast hit.
National discount department store Stein Mart filed for bankruptcy and has now set about closing most, if not all, of its 280 stores.
Gyms across Texas and the nation were closed for months during the coronavirus pandemic lockdown, now one national chain -- 24 Hour Fitness -- has filed for bankruptcy.
Dallas-based discount goods retailer Tuesday Morning has filed for Chapter 11 bankruptcy, becoming the third North Texas-based major retailer to do so since the coronavirus pandemic.
The coronavirus shutdown has hit Neiman Marcus so hard that the 112-year-old storied luxury department store chain is seeking Chapter 11 bankruptcy protection.
The coronavirus shutdown is hitting the retail industry hard and none more so than Dallas-based Neiman Marcus. There are reports the luxury retailer could file for bankruptcy as early as this week.
With their movie locations in Texas and across the country closed because of the coronavirus pandemic, Wall Street analysts say AMC Theaters will likely soon file for bankruptcy.
Watson Grinding and Manufacturing said it had to lay off about 80 workers this week.
Dallas-based Borden Dairy Co. says it can't afford its debt load and pension obligations and has filed for bankruptcy protection.
It was once a hot destination for teen shoppers, but fashion chain Forever 21 has filed for Chapter 11 bankruptcy protection.
Gymboree has filed for bankruptcy protection for a second time in as many years, but this time the company will begin winding down operations for good.
The company's largest shareholder and chairman, Eddie Lampert, may be able to keep the roughly 400 remaining Sears stores open.
With Sears closing 142 unprofitable stores near the end of the year, and 46 others by November, what's a shopper to do?
After filing for bankruptcy protection, Sears will close another 142 stores before the end of the year -- including nine in Texas.
Sears filed for Chapter 11 bankruptcy protection Monday, buckling under its massive debt load and staggering losses.
Mattress Firm, Inc., the nation's largest mattress retailer, is filing for bankruptcy protection and plans to close up to 700 stores around the country.
Brookstone, the ubiquitous seller of cool but largely unneeded things, is filing for Chapter 11 bankruptcy protection again and closing the 100 stores that remain in shopping malls.
The demise of Toys R Us will have a ripple effect on everything from toymakers to consumers to landlords.
Troubled North Texas-based electronics retailer RadioShack has filed for bankruptcy for the second time in just over two years.
Matthew Goode loves cereal so much that he opened The Spelled Milk, where cereal becomes dessert.
An Alabama prisoner convicted of the 1994 murder of a female hitchhiker is slated Thursday to become the third person executed in the U.S., and Alabama, by nitrogen gas.
A piece of conceptual art consisting of a banana duct-taped to a wall sold for $6.2 million at an auction in New York on Wednesday.
"Being born different comes with a lot behind it," Ashley Griggs said. "People can really be cruel."
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
If you are headed out this evening, grab a jacket. Winds will subside, but temperatures will cool quickly with dry air in place.
Matthew Goode loves cereal so much that he opened The Spelled Milk, where cereal becomes dessert.
An Alabama prisoner convicted of the 1994 murder of a female hitchhiker is slated Thursday to become the third person executed in the U.S., and Alabama, by nitrogen gas.
A piece of conceptual art consisting of a banana duct-taped to a wall sold for $6.2 million at an auction in New York on Wednesday.
"Being born different comes with a lot behind it," Ashley Griggs said. "People can really be cruel."
A study found that Elon Musk is the most common celebrity used in deepfake scams.
A North Texas couple vetted and hired a local company for their move to Oregon, not knowing someone else would be taking their things.
Big solar companies oftentimes outsource on-the-ground sales efforts to third-party companies.
A Collin County man is facing an extremely rare traffic citation after an encounter that was caught on video.
The CBS Data Team learned there are about 5600 mail thefts reported every year in the North Texas region- that's more than 15 reported thefts a day.
An Alabama prisoner convicted of the 1994 murder of a female hitchhiker is slated Thursday to become the third person executed in the U.S., and Alabama, by nitrogen gas.
Four men chosen by President-elect Donald Trump for top positions have been accused of varying degrees of sexual misconduct.
Linda McMahon is a co-chair of President-elect Donald Trump's transition team and was the Small Business Administrator in his first term.
President-elect Donald Trump's six-year New York criminal odyssey might need to continue for at least another four, prosecutors said Tuesday.
Texas public elementary schools could use teachings from the Bible in lessons under a proposal drawing intense opposition and praise.
At Fort Worth ISD's North Side High School, the sounds of an American sport on the field meet mariachi music in the stands.
With new foods, such as the "Drowning Taquitos" and the "Beso de Angel," Tony's Taco Shop owners say they don't take their success for granted.
Latinas in Tech DFW started back up last year after the pandemic. They have lots of opportunities for Latinas to network, connect, and learn new skills.
Anchor Ken Molestina shows us how he makes his Cuban coffee for the CBS News Texas newsroom.
Del Olmo, who has played golf his entire life, recalls how rare the sport was for people like him growing up in Mexico City.
A North Texas couple vetted and hired a local company for their move to Oregon, not knowing someone else would be taking their things.
Big solar companies oftentimes outsource on-the-ground sales efforts to third-party companies.
As more seniors fall victim to financial scams, citizens and lawmakers search for stronger consumer protections.
Following an I-Team investigation, Sunnova Energy is facing legal action from nearly a dozen Texas families.
A viral TikTok recipe that includes melting Jolly Ranchers landed a 9-year-old in the hospital with severe burns.
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
Auri and her sister Suri were preparing to walk their dogs when the 8-year-old started choking.
The FDA sent a warning letter flagging "significant violations" of manufacturing regulations for Tom's of Maine toothpaste.
Overdose deaths have slowed 18% since a peak last year, the CDC estimates.
Illnesses linked to slivered onions on McDonald's Quarter Pounder burgers expand to 14 states, federal officials say.
Seventeen thousand workers depend on those containers to arrive by train or truck transport inside southern Dallas County’s International Inland Port.
Following an I-Team investigation, Sunnova Energy is facing legal action from nearly a dozen Texas families.
Elliott Hill is a TCU graduate and currently serves on the school's board of trustees.
Chevron Corporation announced Friday it would relocate its headquarters from San Ramon to Houston, Texas before the end of the year.
The U.S. Olympic and Paralympic Committee filed a federal lawsuit this week alleging Prime, Logan Paul's energy drink company, of infringing on the committee's trademarks.
After another home blowout, fans are left wondering what to look forward to with seven games remaining.
The front office remains behind head coach Mike McCarthy, and QB Cooper Rush will continue to start.
Joe Mixon ran for three touchdowns, Derek Barnett returned a fumble 28 yards for a score and the Houston Texans beat the Dallas Cowboys 34-10.
Florida Atlantic fired coach Tom Herman on Monday with two games left in his second season at the school, neither of which resulted in a winning record.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
Family and friends of One Direction star Liam Payne, who died after falling from a Buenos Aires hotel room, have gathered for his funeral in England.
Jake Paul's promotions company says the fighter's unanimous decision over Mike Tyson was the highest-grossing combat sports event in Texas since 2021.
For years, actor and comedian Katt Williams has claimed he lied about his age as a teenager to join the Marines and passed boot camp before being drummed out. The Marines have no record of him ever serving.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
With the release of part one of her new memoir, Cher talks about her relationship - on stage and off - with Sonny Bono, and why their TV partnership survived beyond their marriage.
Check out photos of cars, trucks and SUV's on display this year at the Texas Auto Show at the State Fair of Texas.
We take a look back at Dallas Police Chief Eddie Garcia's time in Dallas.
Stars, stripes and plenty of fun in the sun is how Fort Worth celebrates the Fourth of July.
Severe storms made way across North Texas on May 28, leaving behind a path of destruction.
Damage from across North Texas that was left behind by two tornadoes on May 25.
